One of the S&P 500’s big losers for Monday January 18 was Cummins Inc. (CMI). The company’s stock fell 2.69% to $84.35 on volume of
2.84 million shares.

The stock opened the day at 84.11 and traded between a low of $83.12 and a high of $84.74. The stock finished the day down $2.33 per share. Cummins Inc. has an average
daily volume of 2.65 million and a total float of 177.62 million shares. The 50-day SMA for Cummins Inc. is $92.70 and its 200-day SMA is $116.86.
The high for the stock over the last 52 weeks is $148.04 and the low is $83.12.

Cummins Inc. is centered in Columbus, IN, and has 54,600 employees. Today’s trading day leaves the company with a market cap of $14.98 billionwith a P/E Ratio of 9. The company has a P/S ratio of 1.07, P/B ratio of 1.93, and a 205.2.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been
relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks
for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

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